Market Snapshot: S&P 500, Nasdaq end at all-time highs as U.S. stocks book weekly gains after Powell’s dovish Jackson Hole speech

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U.S. stocks close higher Friday to book weekly gains, with the S&P 500 and Nasdaq Composite indexes finishing at fresh peaks, following Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole central bankers’ symposium.

U.S. stocks close higher Friday to book weekly gains, with the S&P 500 and Nasdaq Composite indexes finishing at fresh peaks, following Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole central bankers’ symposium.